Terms and conditions for correspondent banks June Supersedes all previous editions

Transcription

1 SVENSKA HANDELSBANKEN AB (PUBL) Terms and conditions for correspondent banks June Supersedes all previous editions

2 Current account services Current account norway denmark FINLAND Investigations min. SEK 500 min. NOK 500 min. DKK 500 Maintenance fee by agreement by agreement by agreement by agreement Minimum balance requirement none none none Operating charges (credit/debit entries, repairs) by agreement by agreement by agreement none Credit interest by agreement by agreement by agreement by agreement The interest rate for temporary overdrafts is based on the prevailing overnight rate in /Norway/ and is reviewed daily.* Bank-to-bank transfers STP in favour of an account with our Bank: value same day STP no charge if instructions received before CET by agreement by agreement non-stp DKK 20 no charge (16:00 CET) STP to other Swedish/Norwegian/Danish/Finnish banks 15:30 CET: 14:00 CET: 12:15 CET: STP no charge in favour of a bank: value same day if instructions received before charge by agreement charge by agreement non-stp DKK 20 no charge (16:00 CET) Incorrect message type SEK 150 NOK 150 DKK 150 EUR 5.00 Requests for amendments and cancellations received at latest 16:00 CET banking day before value-day SEK 250 NOK 250 DKK 250 min. EUR Requests for amendments and cancellations after the applicable cut-off time are handled on a best effort basis min. SEK 500 min. NOK 500 min. DKK 500 min. EUR For enquiries on transactions for which we have already provided the required information SEK 500 NOK 500 DKK 500 min. EUR For enquiries concerning items more than 180 days old ( 90 days old) or which involve time-consuming investigations min. SEK 1,000 min. NOK 1,000 min. DKK 1,000 min. EUR Request for value day adjustments must be made within 90 days from the value date. In favour of an account with our Bank min. SEK 1,000 min. NOK 1,000 min. DKK 1,000 min. EUR To other Swedish banks in favour of a bank min. SEK 1,500 To other Norwegian banks in favour of a bank min. NOK 1,500 To other Danish banks in favour of a bank min. DKK 1,000 To other Finnish banks in favour of a bank min. EUR *Please note, separate account conditions 2

3 Current account services, cont. Statements of account norway denmark FINLAND MT940 MT942 by agreement by agreement MT950 on daily basis whenever there has been a movement on the account no charge no charge no charge no charge MT950 daily, regardless of movement SEK 2,000 per year NOK 2,000 per year DKK 2,000 per year not available Additional MT950 SEK 1,500 per year NOK 1,500 per year In addition, a monthly summary can be mailed at a charge of SEK 250 per month not available Copy of statement of account already provided min. SEK 500 min. NOK 500 min. DKK 500 not available Real time Nostro Information, please contact your Area Manager Credit advice/debit advice - sent on real time basis as per separate instructions MT910 by agreement by agreement by agreement by agreement MT900 by agreement N/A N/A by agreement Interest statements Mailed the first week of the succeeding month no charge no charge no charge EUR (sent by fax) EUR (sent by mail) Mailed the first banking day of each quarter no charge no charge no charge Copy of interest statement already provided min. SEK 500 min. NOK 500 min. DKK 500 min. EUR Standing instructions Standing instructions SEK 500 per month NOK 500 per month N/A not available Cost of the letter or SWIFT SEK 200 NOK 200 N/A not available Audit requests Information supplied to banks and/or their auditors concerning Total Outstanding items SEK 2,000 NOK 2,000 DKK 2,000 by agreement Balance of current account only, one per year no charge no charge no charge no charge All requests exceeding one per year SEK 500 NOK 500 CLS Nostro Agent Services Please contact your Area Manager - contact details on Please note that these are our normal conditions for accounts in SEK/NOK/DKK and EUR. We reserve the right to apply other conditions such as different charges if necessary. Such charges will be introduced only after due notice. 3

4 Customer payments and cheques Regulated payments* norway denmark FINLAND In favour of beneficiary s account with us ONLY for payments in EUR ONLY for payments in EUR ONLY for payments in EUR Free of charge for sending bank. The beneficiary will be charged: NOK 35 (incl. advice) DKK 30 (incl. advice) Companies: for payments in SEK SEK 1.50 EUR 0.50 for payments in EUR SEK 3.00 Individuals: for payments in SEK and EUR SEK 0.00 EUR 0.00 In favour of beneficiary s account with other bank in : Payments in SEK will be effected with a fee of SEK 15 that will be charged to the sending bank. The beneficiary s bank may deduct a fee. Other payments STP: Correct BIC and IBAN or BBAN In favour of beneficiary s account with us < NOK 2,000: NOK 50 Fee charged to beneficiary, unless otherwise instructed. SEK 60 > NOK 2,000: NOK 75 DKK 30 EUR 7.00 SEK/NOK/EUR/DKK payments in favour of beneficiary s account with other bank < NOK 2,000: NOK 50 SEK 15 > NOK 2,000: NOK 100 DKK 110 Sending bank will be charged By bank money order < NOK 2,000: NOK 75 > NOK 2,000: NOK 150 Non-STP (charged to sending bank) Manual repair SEK 100 NOK 100 DKK 110 EUR 5.00 Return of a non-executed payment order SEK 150 NOK 150 DKK 110 EUR 5.00 Amendments, cancellations, investigations (charged to sending bank) Note that additional charges from other banks may apply. min. SEK 500 min. NOK 500 min. DKK 500 min. EUR Back valuations (charged to sending bank) Inhouse administration fee min. SEK 1,000 min. NOK 1,000 min. DKK 1,000 min. EUR Where other banks are involved, administration fee min. SEK 1,500 min. NOK 1,500 min. DKK 1,500 min. EUR The conditions for low value payments are subject to arrangement. * In accordance with EU Regulation on cross-border payments (2560/2001) and therefore falling under the convention on Interbank Charging Principles: Payments to and from customer accounts maintained within the EU, amounts up to EUR 50,000 or SEK 500,000. Charging option SHA only, STP required with BIC (SWIFT) and IBAN, Fields 23E and 72 left empty. Payments that do not fulfil the above conditions will be handled as Other payments, see above. 4

5 Customer payments and cheques, cont. Additional information If a payment order includes an IBAN/ correct account number, this number will exclusively be used to identify the beneficiary. If a payment order is to be processed as an intracompany payment, the code INTC in field 23E is required. We may at our own discretion process incoming payment orders and advise them immediately upon receipt. However, the amount will not be made available to the beneficiary prior to the value date fixed by the principal. Settlement of foreign currency to SEK, NOK or DKK will take place at the spot buying rate applied by us at the time for execution. Cut-off times for STP customer payments to beneficiary accounts with us: SEK CET, EUR CET, NOK CET. Non-STP customer payments to beneficiary accounts will be effected on a best effort basis. Drawings on us* norway denmark FINLAND Cheques drawn on us no charge no charge no charge no charge SWIFT MT110 is required for all cheques/drafts. The account number should always be printed on the cheques/drafts. The cheque number should be at most sixteen figures. Cheques/drafts with no MT110 instructions on file SEK 250/cheque NOK 250/cheque not available Stop payment of cheques MT111 SEK 250/cheque NOK 250/cheque DKK 300/cheque stop payment of cheques: min. EUR Stop payment other MTs SEK 500/cheque NOK 500/cheque Cheque remittances (cash letters)* For paid cheques which are sent to us for credit to your SEK/NOK/DKK/EUR account, please be sure to mention in your remittance letter that the cheque should be credited Under usual reserve, otherwise the cheque will be treated as a collection. Under usual reserve (or subject to agreement) DKK 50/cheque Returned cheques SEK 250/cheque NOK 250/cheque DKK 300/cheque min. EUR 40.00/cheque Nordic Cash letter service* Cheques payable in, Finland and Norway in the local currency as well as in SEK may be sent to Svenska Handelsbanken, Stockholm, for credit to your accounts with us, by separate agreement. *Investigations made in cost min SEK 500 5

6 Guarantees, documentary credits and collections Please contact the Trade Finance department for information. See contact details below. TRADE FINANCE STOCKHOLM Blasieholmsgatan 4B SE Stockholm Tel SWIFT: HANDSESS TRADE FINANCE GOTHENBURG Östra Hamngatan 23A, 4th fl P.O. box SE Gothenburg Tel SWIFT: HANDSESG TRADE FINANCE MALMÖ Södergatan 12 SE Malmö Tel SWIFT: HANDSESM Austria Vienna Schübertring 2 AT-1010 Vienna Austria Tel SWIFT: HANDATWW Trade Finance Copenhagen Amaliegade 3 Postboks 1032 DK-1007 Copenhagen Tel SWIFT: HANDDKKK Trade Finance Herning Østergade 2 DK-7400 Herning Tel SWIFT: HANDDKKK Finland Helsinki Alexandersgatan 11 FI Helsinki Finland Tel SWIFT: HANDFIHH Germany Trade Finance Frankfurt Darmstädter Landstr. 116 Postfach DE Frankfurt am Main Germany Tel SWIFT: HANDDEFF Trade Finance Hamburg Grosser Burstahl 31 Postfach DE Hamburg Germany Tel SWIFT: HANDDEFF Great Britain Manchester Manchester Airport 4M Building. 2nd Fl. Malaga Avenue M90 3RR Manchester Great Britain Tel SWIFT: HANDGB22 Greater China Hong Kong 2008 Hutchison House 10 Harcourt Road Central Hong Kong SAR Tel SWIFT: HANDHKHH Shanghai Room Zhong Shan Dong Yi Road Shanghai China Tel SWIFT: HANDCNSH Luxembourg Luxembourg 146, Boulevard de la Pétrusse P.O. Box 678 LU-2016 Luxembourg Luxembourg Tel SWIFT: HANDLULB The Netherlands Amsterdam Haaksbergweg 35 NL-1101 BP Amsterdam The Netherlands Tel SWIFT: HANDNL2A Norway Oslo Rådhusgaten 27 Postboks 1342 Vika NO-0113 Oslo Norway Tel SWIFT: HANDNOKK Poland Warsaw Wisniowy Business Park, Building E, ul. Ilzecka 26 PL Warsaw Poland Tel SWIFT: HANDPLPW Russia Moscow Smolenskaya Ploshad 3, 12th floor RU Moscow Russia Tel SWIFT: HANDRUMM Singapore Singapore 65 Chulia Street, 21 01/4 OCBC Centre Singapore Singapore Tel SWIFT: HANDSGSG United States New York 875 Third Avenue, 4th floor New York, NY USA Tel SWIFT: HANDUS33 6

7 Securities services, custody services and general conditions Swedish securities services Equities listed on the Stockholm Stock Exchange Shares, XACT-funds and convertible debentures Commission per contract note OMX list amounts not exceeding SEK 1 million 0.50 min SEK 175 amounts in excess of SEK 1 million 0.30% on the portion that exceeds SEK 1 million unlisted shares SEK 300 Derivatives based on shares, Stock options and index options (OMX Stockholm) Commission amounts not exceeding SEK 50, % min SEK 250 amounts in excess of SEK 50, % on the portion that exceeds SEK 50,000 Clearing charge stock options (OMX) fixed clearing fee 0.75% min. SEK 1 max. SEK 14 per contract Please see OMX website ( for quantity discount Exercise transactions stock options (OMX) exercise fee 0.075% of exercise amount same commission as for shares see above Clearing charge index options (OMX) fixed clearing fee SEK 3.50 per contract Index futures (OMX Stockholm) commission by agreement min SEK 250 clearing fee (OM) SEK 3.50 per contract Warrants, equity basket certificates and index certificates Commission secondary market 0.5% min. SEK 175 primary market specified in each offer Capital guaranteed products Commission secondary market 0.5% min. SEK 175 primary market specified in each offer Swedish retail bonds and money market instruments Retail bonds: Commission amounts not exceeding SEK 1 million 0.45% min SEK 150 amounts in excess of SEK 1 million no charge money market instruments no charge subordinated loans no charge 7

8 Securities services, custody services and general conditions, cont. Nordic custody services norway denmark FINLAND Securities in safe custody standard fee schedule Equities, bonds and money market instruments including derivatives Custody fee, based on the value of holdings by agreement by agreement by agreement by agreement Transaction fee by agreement by agreement by agreement by agreement Minimum fee SEK 1,000 per month NOK 1,000 per month DKK 1,000 per month EUR 100 per month : OM-clearing account and pledged collateral account standard fees Including position reporting, transactions and administration SEK 5,000 per month Securities lending Fee based on mark to market value 2.0% p.a. 2.0% p.a. 2.0% p.a. 2.0% p.a. Minimum fee. Rates depend on volumes SEK 250 per loan SEK 250 per loan SEK 250 per loan SEK 250 per loan Issuing Paying Agent Issuing services and Paying agent services in connection with distribution of money market instruments; by agreement by agreement by agreement by agreement The custody fee includes income and dividend collection, coporate actions, standard reporting and communication cost. Rates depend on volumes and quality of instructions. Out of pocket expenses will be separately. Clean payments and cheque remittances Payments to payees in Please be advised that we only guarantee for our execution of payment within 5 days. We cannot guarantee for other Danish Banks. Value date according to Field 32A. In Danish Kroner or in foreign currency, irrespective of amount: Instruction received as STP DKK 30 Instruction received as non-stp (repair fee) DKK 110 Return of instruction, fee deducted original amount received DKK 110 To the credit of an account with another Danish Bank DKK 110 BEN/OUR charges DKK 110 Cash payment DKK 110 The fee will be charged to the payee unless otherwise instructed. Payments favouring a beneficiary who maintains an account with us will be credited value date + 1 day. Payments favouring a beneficiary who maintains an account with another Danish Bank will be forwarded on value date +1 day. Payments favouring a beneficiary who maintains an account with another bank outside will be forwarded on value date +2 days with: Charge DKK 300 Amendments/cancellations DKK 500 8

9 A universal bank with local presence Handelsbanken aims to be a universal bank covering the entire banking area such as traditional corporate transactions, investment banking and trading, as well as customer banking including life insurance. Practically all major international Swedish companies are customers of Handelsbanken. With more than 600 branches, Handelsbanken has a strong presence in the Nordic region. In recent years, the Bank has expanded to Great Britain with universal operations. Apart from this, Handelsbanken also has units in 20 countries worldwide. Finland Norway Stockholm Central Head Office Kungsträdgårdsgatan 2 SE Stockholm Copenhagen Regional Head Office Havneholmen 29 DK-1561 Copenhagen SWIFT: HAND DK KK Helsinki Regional Head Office Alexandersgatan 11 FI Helsinki Finland SWIIFT: HAND FI HH Oslo Regional Head Office Radhusgaten 27 Postboks 1342 Vika NO-0113 Oslo Norway Handelsbanken International SWIFT: HAND NO KK Blasieholmsgatan 4B SE Stockholm SWIFT: HAND SE SS General conditions This tariff applies to the standard services described herein. All commissions are minimum commissions and they are charged according to the provisions generally applied by our Bank. Unless otherwise provided for by special terms agreed upon, the following provisions shall apply with respect to the execution of instructions received by the Bank: The Bank shall not be held responsible for any loss or damage resulting from a legal enactment, the intervention of a public authority, an act of war, a strike, lock-out, boycott, blockade or any other similar circumstance. The reservation of strikes, lockouts, boycotts and blockade applies even if the Bank itself is subjected to such measures or takes such measures. Any loss or damage that may occur in other circumstances shall not be indemnified by the Bank provided the Bank has observed general standard of care. The Bank shall in no case be responsible for indirect damage. Where a circumstance as referred to in the third paragraph should prevent the Bank from making a payment or measures may be postponed until the obstacle no longer exists. The charges quoted herein are subject to change without notice. Our terms and conditions are available on the internet: 9